Section 4-1903 - Financial assistance.

§ 4-1903. Financial assistance.
 

(a)  Funds.- The Department may provide financial assistance under the Program utilizing funds from: 

(1) any fund or program under Division I of this article; or 

(2) any other source of funds available to the Department. 

(b)  In general.- The Department may provide any type of financial assistance permitted by Division I of this article to recipients under the Program. 

(c)  Financial assistance - Buy-down program.- In addition to the type of financial assistance allowed under subsection (b) of this section, the Department may provide financial assistance under a buy-down program that reduces the amount a borrower pays on a loan obtained from the private market or from the Department for a defined period of time. 
 

[2008, ch. 66.]